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Dec 5, 2012
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under this administration under president obama we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes -- >> those are some of the republican leadership in the house as you can see responding to the white house's response to their counteroffer of a couple days ago as a reminder the president is going to speak to the business roundtable at 10:50 this morning. we think he'll take some questions even as gop leadership is meeting with small businesses as negotiations or lack thereof over the fiscal cliff continue. >> did you see that the nbc white house team is reporting the belief that perhaps the republicans don't have the fight in them anymore to really dig in now on the concessions on the way which is good news if you don't want to go over the fiscal cliff but they are dispelling the real argument for later on. >> fuel line inspections being ordered for boeing 787 dreamliner. phil lebeau has more on this story. >> a rough day yesterday if you are tracking what's happening with the dreamliner. one of two important stories that broke yesterd
under this administration under president obama we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes -- >> those are some of the republican leadership in the house as you can see responding to the white house's response to their counteroffer of a couple days ago as a reminder the president is going to speak to the business roundtable at 10:50 this morning. we think he'll take some questions even as gop leadership is meeting with small...
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Oct 5, 2012
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and i think people need to have a real debate over the argument and not a cartoon debate about somehow darkened conspiracies with the number. >> so the discussion will happen on the sunday shows whether or not the week was about the president's performance in the debate, or this economic data. which wins? which one is more important? >> you know, the debate was seen by tens of millions of people. i think that's important. i've said all along during the campaign, the jobless numbers have been hyped in their importance because people are living in this economy. they feel what's happening to their lives and their own prospects. this is good news for the president but doesn't change what voters already know about their own lives and the prospects for their kids to get ahead, the prospects for them to get jobs if they don't have jobs now. i wouldn't overexaggerate. its a psychological thing. it helps the president. it's a high rate. not a good rate. >> yeah. we've asked this question for months. the romney people, when the data does turn and who chos if it would actually, i'm told the presi
and i think people need to have a real debate over the argument and not a cartoon debate about somehow darkened conspiracies with the number. >> so the discussion will happen on the sunday shows whether or not the week was about the president's performance in the debate, or this economic data. which wins? which one is more important? >> you know, the debate was seen by tens of millions of people. i think that's important. i've said all along during the campaign, the jobless numbers...
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Oct 8, 2012
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then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground moving. it's not what people will vote on. for romney it's an effort to press a leadership advantage which may be one of the things that move the numbers for him after the debate. he looks strong on the stage with president obama. he took the fight to obama. obama was a little bit more passive. but ultimately
then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground...
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Oct 17, 2012
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. >> the second place financial debate is in the books, incumbent barack obama and challenger mitt romney were not pulling any punches. john harwood with highlights for the showdown and where things stand in the run for the white house. >>> double whammy, taking a toll on shares of ibm and intel. we will explore whether tougher times are ahead for these blueships. talk to one analyst downgrading ibm this morning. >> and there continues to be plenty of buzz surrounding the surprising ouster of vickram pandit. revelation owes what city insiders knew, coming up. >>> it was a break even quarter compared to analyst estimates. we're looking for a seven cents a share loss. revenue, a bit short of consensus. ceo brian moynihan pointing to several positive trends, including an increase in deposits, mortgage originalation and small business lending. as well, kayla, i know you were on the reporter calls. the analyst calls beginning shortly, i guess. >> it began at 8:30. i think there's still unprepared remarks, as well. it was interesting to see the stock up, even if it was just slightly in the prem
. >> the second place financial debate is in the books, incumbent barack obama and challenger mitt romney were not pulling any punches. john harwood with highlights for the showdown and where things stand in the run for the white house. >>> double whammy, taking a toll on shares of ibm and intel. we will explore whether tougher times are ahead for these blueships. talk to one analyst downgrading ibm this morning. >> and there continues to be plenty of buzz surrounding the...
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Dec 31, 2012
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jonathan tweeted, obama has utterly caved on taxes and inviting future hostage tactics by the gop. does that sound right to you? >> no. in the first place, he has insisted on raising taxes, letting taxes go up, is what we're doing, for people above a certain income level. he does not control the house of representatives. part of this issue, you know, people forget, the american people are the ones who set this stage. they voted for one set of people in 2008, then they changed their minds. at least those who voted, and voted for a different set of people in 2010. we have an unusual constitution. in america you're governed by the results of the last three elections, not just the last election in most other democracies. that's why you have this deadlock. i do believe the 2012 election moved us in this direction. so no, i don't think the president's caved totally. he's made some reasonable compromises with reality. the point that he's inviting, hesitating, is just wholly inaccurate. he doesn't have to invite hostage taking. the notion that the president pounds his fists and makes thing
jonathan tweeted, obama has utterly caved on taxes and inviting future hostage tactics by the gop. does that sound right to you? >> no. in the first place, he has insisted on raising taxes, letting taxes go up, is what we're doing, for people above a certain income level. he does not control the house of representatives. part of this issue, you know, people forget, the american people are the ones who set this stage. they voted for one set of people in 2008, then they changed their minds....
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Sep 24, 2012
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brilliant debater. and you did, too. and then we watched romney chop down rick santorum, who wasn't bad. so all i'll say is, don't underestimate mitt romney during the debates. >> then you've got -- i have to ask about peggy noonan who's railed on them twice. wants jim bake tore come back in and salvage to whole -- >> jim baker, we all love jim baker. >> she says republicans today, she tweets that republicans have thanked her for instilling some discipline into this campaign. do you agree? >> perhaps so. all i want is an economic growth message. this is about jobs and the economy. lower taxes. lower spending. lighter regulation, particularly on energy. in my humble opinion, it's a great message for mitt romney because the president is going to go for higher tax rates and more spending and more regulation. you have a contrast. but to make a contrast work, you have to set up a contrast with great clarity. so i think it's more a message issue than a real management issue. >> larry, see you tonight. >> my p
brilliant debater. and you did, too. and then we watched romney chop down rick santorum, who wasn't bad. so all i'll say is, don't underestimate mitt romney during the debates. >> then you've got -- i have to ask about peggy noonan who's railed on them twice. wants jim bake tore come back in and salvage to whole -- >> jim baker, we all love jim baker. >> she says republicans today, she tweets that republicans have thanked her for instilling some discipline into this campaign....
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Oct 23, 2012
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the second debate was about obama getting up off the canvas and engaging him. the third debate, i don't think, changed anybody's minds. i call it a draw. >> so this was a catch-up. we know the president well. and after the first debate, the candidate was made known to a wider audience. at that point forward, really, it seemed like the debates changed very little. jeff carter, as always, thank you. >> just over an hour from now at the california theater in san jose, apple will likely unveil an ipad mini. we will talk to one of tech's biggest insiders about what he's expecting from today's big event. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> the dow down 242. some stoc
the second debate was about obama getting up off the canvas and engaging him. the third debate, i don't think, changed anybody's minds. i call it a draw. >> so this was a catch-up. we know the president well. and after the first debate, the candidate was made known to a wider audience. at that point forward, really, it seemed like the debates changed very little. jeff carter, as always, thank you. >> just over an hour from now at the california theater in san jose, apple will likely...
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Dec 24, 2012
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but after 25 days of straight debating, they did pass it on christmas eve. i guess this bill just wasn't as important. carl, back to you. >> i'll take it, rick. thank you. rick santelli. coming up next why some people are wishing for a yellow christmas this year. and don't forget to tweet us. the financial times says toy makers are trembling as tots turn to tablets instead of traditional toys this holiday season. kids who don't want toys? as tots trade toys for tablets we wonder what is up with kids these days. tweet us and let us know what you think at squawk street. we have some of those answers right after this. ♪ why can't they be like we were perfect in every way ♪ hunger and diabetes.anage >>> most people are dreaming a white christmas but some are dreaming of a yellow christmas, the kind that comes in a little blue box. robert craig explains in today's million dollar minute. >> reporter: this holiday season some of the biggest gifts come in the smallest packages. yellow diamonds are among the rarest, which is why this 15 carat rock rings in at $3.
but after 25 days of straight debating, they did pass it on christmas eve. i guess this bill just wasn't as important. carl, back to you. >> i'll take it, rick. thank you. rick santelli. coming up next why some people are wishing for a yellow christmas this year. and don't forget to tweet us. the financial times says toy makers are trembling as tots turn to tablets instead of traditional toys this holiday season. kids who don't want toys? as tots trade toys for tablets we wonder what is...
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Oct 19, 2012
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>> i was not, i have was catching up on some sleep after long nights for the debates. we have a litting serious and b a little funny in the race for president. we're talking iowa and wisconsin. in iowa, president obama leads 51 to 43, that's a significant lead, and in wisconsin, the president leads by sixth. republicans have been hoping to make inroads, and it underscores some of the divide between national polls showing mitt romney doing much better, but in the electoral bottle grounds, we're talking about the eight or nine states that obama carried, romney has work to do, but last night, they were both doing stand up comedy. this is a traditional event that both candidates come to, both of them brought their humor. >> he knows how to seize the moment. >> the unemployment rate is at the lowest level since i took office, i don't have a joke here, i just thought it would be useful to remind everybody. >> as president obama surveys the waldorf banquet room. so little time, so much to redistribute -- >> and the one that we didn't have in that clip was the president said y
>> i was not, i have was catching up on some sleep after long nights for the debates. we have a litting serious and b a little funny in the race for president. we're talking iowa and wisconsin. in iowa, president obama leads 51 to 43, that's a significant lead, and in wisconsin, the president leads by sixth. republicans have been hoping to make inroads, and it underscores some of the divide between national polls showing mitt romney doing much better, but in the electoral bottle grounds,...
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Aug 23, 2012
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president obama has been m.i.a. on this debate. we have a debt crisis staring us in the face, it's on the horizon. what has the president of the united states been doing, four budgets with trillion dollar deficits every single year and not a sing solution to tackle this problem. >> melissa, you could hear it, i'm all in favor of tax reduction and tax reform. but the numbers have to work or nearly so. and i think the missing piece is the spending cuts and they're going to have to come around and probably deliver some more information. i went through this many years ago with ronald reagan. everybody always questions our numbers. they wanted specifics, specifics, melissa. you can't always do that in a campaign. i do think team romney and ryan will have to provide more specifics on these numbers for anywhere pro-growth plan. >> we look forward, larry, to hearing the rest of the interview. larry kudlow joining us this morning. catch the full interview on the kudlow report, 7:00 pvm eastern time right here on cnbc. >> let's get a quick m
president obama has been m.i.a. on this debate. we have a debt crisis staring us in the face, it's on the horizon. what has the president of the united states been doing, four budgets with trillion dollar deficits every single year and not a sing solution to tackle this problem. >> melissa, you could hear it, i'm all in favor of tax reduction and tax reform. but the numbers have to work or nearly so. and i think the missing piece is the spending cuts and they're going to have to come...
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Nov 6, 2012
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not discussed in the debates or on the campaign trail. for example a majority of the people want a minimum wage at least adjusted for inflation to 1968 taking it from $7.25 to over $10 an hour. a majority of the people want full medicare for all. free choice of doctor and hospital. off the table from obama and romney. majority of people want wall street crooks and corporate crime enforcement to get tougher. off the table. a lot of people don't like bailouts and subsidies whether they are libertarians or liberals. not discussed by obama or romney. not to mention getting out of afghanistan. that's now over 70% of the public want us to get out of there. to end huge wars overseas. they are just breeding more enanies and draining our treasury at home. above all, most people want a public works program. they want schools repaired. they want clinics, public transit. >> those sound like ideas more likely. is that why the president is running a lone ranger campaign, trying to divorce himself from the pelosis of the world? >> i don't see it as demo
not discussed in the debates or on the campaign trail. for example a majority of the people want a minimum wage at least adjusted for inflation to 1968 taking it from $7.25 to over $10 an hour. a majority of the people want full medicare for all. free choice of doctor and hospital. off the table from obama and romney. majority of people want wall street crooks and corporate crime enforcement to get tougher. off the table. a lot of people don't like bailouts and subsidies whether they are...
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Sep 20, 2012
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i think basically it's going to be determined by the debates. okay. which at the margin could be terribly important. but it's also going to be determined by the economy. i'm just trying to put in these additional indicators. because when we talk politics, we always talk about jobs and unemployment. i know that's huge. it's gigantic. but it's not the only thing. stocks matter. home prices matter. don't kid yourself. those areas are getting better. and that's good for the country and it's good for everything. >> particularly in swing states like florida and ohio. >> it could be. you know what? i should do some homework on the house price situation in florida and ohio. you've given me a good assignment. i want to track that down. >> i defer to you. >> i'll find it. this is a bit of a change. if you saw yesterday, median home sales were up. >> yep. >> but the number that caught my eye was prices up 10.5%. that's a good number. >> thank you. larry kudlow. >>> meantime walmart just crossing, saying it'll stop selling amazon kindle products. we'll get you an
i think basically it's going to be determined by the debates. okay. which at the margin could be terribly important. but it's also going to be determined by the economy. i'm just trying to put in these additional indicators. because when we talk politics, we always talk about jobs and unemployment. i know that's huge. it's gigantic. but it's not the only thing. stocks matter. home prices matter. don't kid yourself. those areas are getting better. and that's good for the country and it's good...
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Sep 5, 2012
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if everyone paid their employees the way costco does we might not have a debate about health care in this country. but that said, i'm sure you have run some numbers as to what obama care will cost costco over the next 10 to 15 years. i assume it's an ink krecrement increase in costs no? >> there will be an incremental increase in costs but we think it's something we can live with and that we can adjust to. but we're -- we already have a very rich plan that you alluded to just a few seconds ago. so it's not going to be a significant hit for us. >> final question here, jim. separate from politics we've been watching the comps out of costco lately. i know you're not running the ship day to day. but august was good. the rest of the summer not so good. what do you see for the fall? >> well, you know, at the moment we're reasonably optimistic for the fall and talking to people over at the home office there we think that we're going to have a reasonably good fall. we were pleased with the august numbers and in truth if you look back over the past six or seven months the comps have been pret
if everyone paid their employees the way costco does we might not have a debate about health care in this country. but that said, i'm sure you have run some numbers as to what obama care will cost costco over the next 10 to 15 years. i assume it's an ink krecrement increase in costs no? >> there will be an incremental increase in costs but we think it's something we can live with and that we can adjust to. but we're -- we already have a very rich plan that you alluded to just a few...
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Dec 27, 2012
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. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively horrifying situation for the average consumer. i mean, really bad stores that haven't been given the proper maintenance budgets that they deserve. for -- is it life or death? no h i think for the kmart part of it, there will be some sort of reckoning. i say life or death maybe moves more into that category for radioshack that stock has just been getting pummeled. tried to adapt themselves as mobile phone retailer and margins gettin
. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut...
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Sep 21, 2012
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he's got to turn that around, the debates are his next opportunity and a big way to do that. >> october 3rd, john, talk to you later. >>> speaking of politics our next guest says romney's view on taxes, entitlements and personal responsibility are wrong and show romney isn't ready for the oval office. dr. robert shapiro, former undersecretary of commerce for economic affairs, joins us from washington. doctor, good to have you. good morning. >> it's a pleasure to be here, carl. >> this tape has been talked about inside and out and we're not going to do that again, but you do go to some length to compare him to of all people sarah palin. how do you make that leap? >> well, it's really not a leap. this is a man who, and it surprised me that that comparison came to mind, because this is a man who is running for president, pledging to reform the tax system and the entitlement system, and those comments showed that he really didn't have basic knowledge about either. >> do you not believe that he was talking about political calculus in that event, talking about basically the popular vote and n
he's got to turn that around, the debates are his next opportunity and a big way to do that. >> october 3rd, john, talk to you later. >>> speaking of politics our next guest says romney's view on taxes, entitlements and personal responsibility are wrong and show romney isn't ready for the oval office. dr. robert shapiro, former undersecretary of commerce for economic affairs, joins us from washington. doctor, good to have you. good morning. >> it's a pleasure to be here,...
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Sep 10, 2012
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the debates are an opportunity for mitt romney to do that. that may be his last big opportunity, guys. >> why do we think that's happened, john? >> reporter: i think the reason it happened was republicans had some setbacks at their convention. clint eastwood. that sort of thing. secondly, the fact that the democrats had their convention immediately after the republicans let them step on romney's bounce. he did get an initial bounce of a couple of points. then you have the democratic convention. spectacular performances by michelle obama and bill clinton. president obama got less stellar reviews, but still a solid speech. the totality of that message, when you had romney, his goal was to make people like him better. obama was to try to address the sense of disappointment many people have. from these initial numbers, they could fade back, it looks like he's done that. at least a little bit. >> john, both of these polls were done after the jobs report on friday? >> reporter: the gallup poll, melissa, is a seven-day tracking poll. so it had resul
the debates are an opportunity for mitt romney to do that. that may be his last big opportunity, guys. >> why do we think that's happened, john? >> reporter: i think the reason it happened was republicans had some setbacks at their convention. clint eastwood. that sort of thing. secondly, the fact that the democrats had their convention immediately after the republicans let them step on romney's bounce. he did get an initial bounce of a couple of points. then you have the democratic...
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Oct 15, 2012
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obama instead of reducing spending wants to raise taxes rather than spending cuts. that's not compromising. that's losing. >> another issue, mr. norquist, it really got under my skin again to listen to the vice president debate and listen to joe biden look at the camera and talk about millionaires and billionaires. hey, i want to go on the hunt for this 750,000, the math doesn't add up. we know it's adjusted gross income on a family of 250 grand, but they jump to this millionaire and billionaire. there's 750,000 in the middle. why do they fib about it so much? >> well, look, joe biden is the old guy in that debate, and he acted like a teenager, interrupting and constantly mouthing off and doing this sort of smirky, snarky thing that i think was cute when we were 14 years old and was considered macho or something. it was very sad to watch, but his reasoning was the same way. he says millionaires and billionaires the way 14-year-old boys use naughty words that they've just learned. it doesn't have any -- it's not part of reality. the tax increase that obama is -- says
obama instead of reducing spending wants to raise taxes rather than spending cuts. that's not compromising. that's losing. >> another issue, mr. norquist, it really got under my skin again to listen to the vice president debate and listen to joe biden look at the camera and talk about millionaires and billionaires. hey, i want to go on the hunt for this 750,000, the math doesn't add up. we know it's adjusted gross income on a family of 250 grand, but they jump to this millionaire and...
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Oct 11, 2012
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and paul ryan's going to return the favor and go after barack obama. it is going to be an interesting night here in danville, center college which has hosted these debates before. guys? >> john, we look forward to seeing it upon thsee ing it tonight. >>> more on the sprint news this morning, former president and ceo of verizon wireless and author of "managers can you hear me now," denny stregl, good to see you. first i want to start off with the sprint news. should a deal proceed between softbank and sprint, how will that change the landscape and create a new competitor against a verizon and an at&t? >> melissa, i'm not sure that it will have a significant impact on the landscape. overall i think that if this deal does come to fruition and we'll know within probably the next several days, i think it would be good for sprint. i know dan hesse. the sprint ceo. he's an aggressive guy. he's a smart guy and i'm sure he'll do what's in the best interest of the sprint shareholders. overall obviously since the nextel acquisition years ago, dan has been working
and paul ryan's going to return the favor and go after barack obama. it is going to be an interesting night here in danville, center college which has hosted these debates before. guys? >> john, we look forward to seeing it upon thsee ing it tonight. >>> more on the sprint news this morning, former president and ceo of verizon wireless and author of "managers can you hear me now," denny stregl, good to see you. first i want to start off with the sprint news. should a...